Nov. 27: Movement Labs announced the launch of M2, “the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA,” according to the team: “M2 will enable developers to launch secure, performant and high-throughput Move VM rollups as easily as they do smart contracts. M2 integrates Celestia for data availability, Snowman for shared sequencing, and the Move Virtual Machine for execution, which is capable of 145k+ transactions per second as well as localized fee markets to mitigate gas spikes.”
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